50 Stevens Street, East SpringfieldSpringfield, MA 01104MLS Number 73192222

  • Price: $840,000
  • Est. Mortgage of $/month
  • 47 Days on Market
$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.27Acreage
  • 10Bathrooms
  • 1927Year Built
  • 2,950Square Feet

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10 studio apartments. Brick and block construction with rubber roof. Vinyl replacement windows. Off-street parking. Landlord pays all utilities, including electric baseboard heat & electric HW. In place PRI = $101,940. In place NOI = $56,182. Proforma PRI = $111,000. Proforma NOI = $64,100. Additional upside potential to separately meter electricity. The property is located directly across Stevens Street from CRRC MA’s North American manufacturing facility, which is a 204,000 SF rail car facility. CRRC MA is underway with manufacturing 404 next generation subway cars for The Massachusetts Bay Transportation System (MBTA). All production vehicles will be assembled and tested in the CRRC MA Rail Car Assembly Facility. The manufacturing facility in Springfield employs 179 employees, including 122 union production employees.
Listed by Tim Thompson of Timothy Thompson

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More Info

Basic Information

  • Gross Income $96,843
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number S:11155 P:0011,2607049
  • Rent Includes Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water)
  • Road Frontage DescriptionPaved


  • Building Area Units Square Feet
  • Construction Materials Frame, Brick, Block
  • Door Features Insulated Doors, Storm Door(s)
  • FoundationSlab
  • Rooms10
  • Stories2
  • Units10
  • Window Features Insulated Windows
  • Year Built1927
  • Year Built Details Actual
  • Year Built Source Public Records


  • AmenitiesPublic Transportation, Sidewalks
  • Appliances IncludedUnit 1(Microwave, Refrigerator), Unit 2(Microwave, Refrigerator)


  • Buyer Agency Compensation1.5
  • Date Listed01/10/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1.5
  • View Count5

Tax Information

  • Tax Assessed Value $290,300
  • Tax Year 2023
  • Taxes$4,950


  • Bathroom10
  • Bathrooms Total Decimal 10
  • Full Bath10


  • Address50 Stevens Street
  • Building Number50
  • CountyHampden
  • NeighborhoodEast Springfield
  • StateMA
  • StreetStevens Street
  • SubdivisionEast Springfield
  • TownSpringfield
  • Zip01104


  • Cooling Unit 1(Window AC), Unit 2(Window AC)
  • Cooling YN Yes
  • Electric 110 Volts, Circuit Breakers, Common
  • Heat SystemYes
  • Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
  • Sewer Public Sewer
  • Water Source Public


  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces16

Basic Information

  • List Price$840,000
  • MLS Number73192222
  • Modification Date01/14/2024
  • Property SubType5+ Family - 5+ Units Side by Side


  • Acreage0.27


  • Flooring Tile, Wood Laminate
  • Interior Features Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower)


  • Exterior Features Gutters, Storage Shed
  • Fencing Fenced/Enclosed
  • RoofRubber

Property Information

  • Building Area Source Measured
  • Living Area 2,950
  • Lot Size Square Feet 11,744
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,950
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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